Monthly reviews

XAUUSD market technical outlook

XAUUSD

Monthly chart:

Development of mighty upswing continues. Most likely recovery of the quotes will be directed towards the pivot zone 1357.00-1365.00.


Conclusions:

Continuation of growth in direction of the 1357.00-1365.00 area.

Trading recommendations:

We can go long in direction 1357.00-1365.00.